Anti-dumping
Duty on Methyl Acetoacetate from China Continue for Five More Years
[Customs
Notification No. 31 (ADD) dated 29th May
2021]
Whereas, the designated authority, vide
notification No. 7/40/2020-DGTR, dated the 30th September, 2020, published
in the Gazette of India, Extraordinary, Part I, Section 1, had initiated a review
in the matter of continuation of anti-dumping duty on imports of ‘Methyl
Acetoacetate’ (hereinafter referred to as the subject goods) falling under
Chapter 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)
(hereinafter referred to as the Customs Tariff Act), originating in or exported
from China PR (hereinafter referred to as the subject country), imposed vide
notification of the Government of India, in the Ministry of Finance
(Department of Revenue) No. 22/2016-Customs (ADD), dated the 31st
May, 2016, published in the Gazette of India, Extraordinary, Part II, Section
3, Sub-section (i), vide number G.S.R. 566(E),
dated the 31st May, 2016.
And
whereas, in the matter of review of anti-dumping duty on import of the subject
goods, originating in or exported from the subject country, the designated
authority in its final findings, published vide notification No.
7/40/2020-DGTR, dated the 3rd May, 2021, in the Gazette of India,
Extraordinary, Part I, Section 1, has come to the conclusion that-
(i) imports from the subject
country in relation to total imports, demand and production continued to be
significant despite anti-dumping duty in existence and the dumping and injury
margins determined for the period of investigation are positive;
(ii)
the imports without adding the existing anti-dumping
duty are undercutting the prices of the domestic industry;
(iii)
the excess capacity in the subject country is likely
to increase and the landed value of imports is below the net selling price of
the domestic industry in the period of investigation;
(iv)
there is likelihood of dumping of the subject goods
from the subject country and consequent injury to the domestic industry in the
event of cessation of the current antidumping duty that is in force on the
import of the subject goods originating in or exported from the subject
country;
and has recommended continued imposition
of anti-dumping duty on the subject goods, originating in or exported from the
subject countries.
Now, therefore, in exercise of the
powers conferred by sub-sections (1) and (5) of section 9A of the Customs
Tariff Act, read with rules 18 and 23 of the Customs Tariff (Identification,
Assessment and Collection of Anti-dumping Duty on Dumped Articles and for
Determination of Injury) Rules, 1995, the Central Government, after considering
the aforesaid final findings of the designated authority, hereby imposes on the
subject goods, the description of which is specified in column (3) of the Table
below, falling under tariff item of the First Schedule to the Customs Tariff
Act as specified in the corresponding entry in column (2), originating in the
countries as specified in the corresponding entry in column (4), exported from
the countries as specified in the corresponding entry in column (5), produced
by the producers as specified in the corresponding entry in column (6), and
imported into India, an anti-dumping duty at the rate equal to the amount as
specified in the corresponding entry in column (7), as per unit of measurement
as specified in the corresponding entry in column (8) and in the currency as
specified in the corresponding entry in column (9) of the said Table, namely:-
|
Table |
||||||||
|
S.
No. |
Tariff
item |
Description
of goods |
Country
of origin |
Country
of export |
Producer |
Duty
amount |
Unit
of measurement |
Currency |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
|
1. |
2914
69 90, 2915 39 10, 2915 39 40, 2915 39 99, 2918 30 40 2918 30 90, 2918 99 90
or 2933 19 99 |
Methyl
Acetoacetate |
China
PR |
Any
country including China PR |
Nantong
Acetic Acid Chemical Co., Ltd. |
0.277 |
Kg |
USD |
|
2. |
2914
69 90, 2915 39 10, 2915 39 40, 2915 39 99, 2918 30 40 2918 30 90, 2918 99 90
or 2933 19 99 |
Methyl
Acetoacetate |
China
PR |
Any
country including China PR |
Any
other than at Sl. No. 1. |
0.404 |
Kg |
USD |
|
3. |
2914
69 90, 2915 39 10, 2915 39 40, 2915 39 99, 2918 30 40 2918 30 90, 2918 99 90
or 2933 19 99 |
Methyl
Acetoacetate |
Any
other than China PR |
China
PR |
Any |
0.404 |
Kg |
USD |
2.
The anti-dumping duty imposed under this notification shall be effective for a period
of five years (unless revoked, superseded or amended earlier) from the date of
publication of this notification in the Official Gazette and shall be paid in
Indian currency.
Explanation.- For the purposes of this
notification, rate of exchange applicable for the purposes of calculation of
such anti-dumping duty shall be the rate which is specified in the notification
of the Government of India, in the Ministry of Finance (Department of Revenue),
issued from time to time, in exercise of the powers conferred by section 14 of
the Customs Act, 1962 (52 of 1962), and the relevant date for the determination
of the rate of exchange shall be the date of presentation of the bill of entry
under section 46 of the said Customs Act.
[F.
No. CBIC-190354/31/2021-TO(TRU-I)-CBEC]